Years ago, I had a lot of student loans that were forgiven when I became disabled. When the loans were forgiven, that money became "income" in the eyes of the IRS and believe me when I say, The IRS doesn't forgive shit!
Years ago, I had a lot of student loans that were forgiven when I became disabled. When the loans were forgiven, that money became "income" in the eyes of the IRS and believe me when I say, The IRS doesn't forgive shit!
You are correct. However, if these are being discharged via the American Rescue Act of 2021, they are non-taxable. I don't know if that precludes states taxing them, but it may.
Doesn't that make you feel good?
You are correct. However, if these are being discharged via the American Rescue Act of 2021, they are non-taxable. I don't know if that precludes states taxing them, but it may.
Doesn't that make you feel good?
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